Meta launches debut euro bond, joining other hyperscalers
Tech stocks have sagged as investors grow concerned over their ballooning debt piles at a time of rising interest rates. Meta launched its debut euro bond, joining other hyperscalers in tapping European lenders as they look to finance trillions in AI investment, despite the market growing increasingly worried about overspend. Tech stocks have sagged as investors grow concerned over their ballooning debt piles at a time of rising interest rates. And their liabilities may be bigger than investors realize: Research carried out by Nikkei showed Big Tech’s off-balance-sheet debt from AI-related obligations doubled in six months to about $3.2 trillion, equivalent to around 80% of their combined assets. In a potentially troublesome sign for the future, analysts have noted that while tech earnings remain strong, many of their potential clients are struggling, with borrowing weak and non-AI investment falling.
Tech stocks have sagged as investors grow concerned over their ballooning debt piles at a time of rising interest rates. Meta launched its debut euro bond, joining other hyperscalers in tapping European lenders as they look to finance trillions in AI investment, despite the market growing increasingly worried about overspend. Tech stocks have sagged as investors grow concerned over their ballooning debt piles at a time of rising interest rates.
And their liabilities may be bigger than investors realize: Research carried out by Nikkei showed Big Tech’s off-balance-sheet debt from AI-related obligations doubled in six months to about $3.2 trillion, equivalent to around 80% of their combined assets. In a potentially troublesome sign for the future, analysts have noted that while tech earnings remain strong, many of their potential clients are struggling, with borrowing weak and non-AI investment falling.